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(06-28-2017 08:43 AM)Ragpicker Wrote:  

(06-27-2017 08:02 PM)bearcatmark Wrote:  Maybe it's time just to say that UC made a hell of a deal and had the foresight to see what kind of a success this could be. Credit where credit is due. UC got in and partnered with FCC and together they have been an incredible success story.

For pennies on the dollar. Such an awesome deal - for FCC. You seriously don't mean UC. Are you offering your professional services for less than 5% these days?

UC gets half of concessions, which I'm guessing equals somewhere between 2.5 and 7.6 million per year (UC would get half of that), UC gets all the parking revenue and match fees totaling around $150,000 dollars (based on the two contracts using a low average attendance number of 15000). The idea that they are getting chump change out of this is silly.

This is before we even get into marketing benefits, exposure benefits to the University, benefits to the local businesses whose success is beneficial to the University, etc.